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$1,500,000
Available - For Sale
Listing ID: S12031955
Amazing investment opportunity in Barrie by the Lake. Welcome to 15 Parkside Drive currently operated as a short term rental, with no long term leases signed, next owner/operator will have full control over a choice of tenants and market rents. This amazing legal fourplex has a ton of old world charm with 4 beautifully appointed suites. Gorgeous hardwood floors, updated baths, wonderful gardens at the back and loads of parking for everyone. Location is key. The home is a short walk to the Lake with Summer festivals, restaurants, shops, board walk, marina for all of your Summer fun. A short drive for to all the favourite ski hills for your Winter fun while being an hour away from the Scotiabank Arena in Toronto to catch your favourite show with close proximity to Allendale GO Train station. Rent out all 4 suites for a great return on investment or live on site and have your mortgage payment taken care of. You can also capitalize on a short term rental model with even greater returns. A fantastic property with fantastic options. Book your showing today
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $75,000 $150,000 $225,000 $300,000
First Mortgage $1,425,000 $1,350,000 $1,275,000 $1,200,000
CMHC/GE $39,187.5 $27,000 $22,312.5 $0
Total Financing $1,464,187.5 $1,377,000 $1,297,312.5 $1,200,000
Monthly P&I $6,271 $5,897.58 $5,556.29 $5,139.51
Expenses $0 $0 $0 $0
Total Payment $6,271 $5,897.58 $5,556.29 $5,139.51
Income Required $235,162.56 $221,159.41 $208,360.83 $192,731.51

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX WEST REALTY INC.

15 Parkside Driv , Barrie, L4N 1W7, Simcoe

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Fourplex
Area: Simcoe
Municipality: Barrie
Neighbourhood: Queen's Park
Style: 2-Storey
Lot Size: x 132.46(Feet)
Approximate Age: 51-99
Tax: $10,421.31
Maintenance Fee: $0
Beds: 5
Baths: 6
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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